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Cape Neddick, Maine

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,453
Population
$108,412
Median Income
$684,400
Home Value
65.2
Median Age

Demographics

Cape Neddick has a population of 2,453 with a median age of 65.2. Here is the racial and ethnic breakdown of the population:

White
96.9%
Other
2.5%
Asian
0.6%
Demographic Value
Total Population2,453
Median Age65.2
White96.9%
Asian0.6%
Other / Two or More Races2.5%
Cape Neddick, Maine — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 96.9%Other: 2.5%Other: 0.6%2,453PopulationWhiteWhite96.9%OtherOther2.5%OtherOther0.6%

Income & Economy

The median household income in Cape Neddick is $108,412, which is 34.5% above the national median of $80,610. The per capita income is $50,555. The poverty rate is 12.0%.

$108,412
Median Household Income
$50,555
Per Capita Income
12.0%
Poverty Rate

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Education

In Cape Neddick, 98.2% of residents age 25+ have a high school diploma or higher, and 53.2% hold a bachelor's degree or higher (17.6% with a graduate or professional degree).

HS Diploma+
98.2%
Bachelor's+
53.2%
Graduate+
17.6%
Education Level % of Adults (25+)
High School Diploma or Higher98.2%
Bachelor's Degree or Higher53.2%
Graduate or Professional Degree17.6%

Housing

The median home value in Cape Neddick is $684,400, above the national median of $303,400. The median monthly rent is $1,750. The homeownership rate is 89.3%.

$684,400
Median Home Value
$1,750/mo
Median Rent
89.3%
Homeownership Rate
Housing Metric Value
Median Home Value$684,400
Median Monthly Rent$1,750
Homeownership Rate89.3%
Vacancy Rate64.0%

Salaries in Maine

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Other Cities in Maine

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Frequently Asked Questions

What is the population of Cape Neddick, Maine?
The population of Cape Neddick, Maine is 2,453 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cape Neddick, Maine?
The median household income in Cape Neddick, Maine is $108,412. This is 34.5% above the national median of $80,610.
What is the median home value in Cape Neddick, Maine?
The median home value in Cape Neddick, Maine is $684,400. The median monthly rent is $1,750.
What percentage of people in Cape Neddick have a college degree?
In Cape Neddick, Maine, 53.2% of adults age 25 and older hold a bachelor's degree or higher, and 98.2% have a high school diploma or higher.
Is Cape Neddick, Maine an affordable place to live?
The home price-to-income ratio in Cape Neddick, Maine is 6.3x (median home value $684,400 vs. median income $108,412), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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